Let me say it plainly:
The moment a buyer needs the valuation to support the purchase price, the deal has shifted from analysis to attachment.
And attachment is where risk hides.
A valuation isn’t a hurdle.
It’s a signal.
If the business is worth less than the price, the conclusion isn’t “fix the valuation.”
The conclusion is: renegotiate, restructure, or walk.
That’s not pessimism.
That’s leadership.
Calculated risk is part of business.
But throwing caution to the wind doesn’t make you brave.
It makes you exposed.
